Quick History:
I was frustrated with a standard fixed percent TP/SL as they often were not receptive to quick market rallies/reversals. I developed this TP/SL and eventually made it into a full fledge strategy and found it did well enough to publish. This strategy can be used as a standalone or tacked onto another strategy as a TP/SL. It does function as both with...
Overview:
The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...
Presenting the "Big Runner" technique, dubbed "Sprinter," which is intended to help traders looking for momentum chances recognise important market swings. This approach maximises profit potential while controlling risk by using trend ribbons and moving averages to identify entry and exit locations.
Important characteristics:
Moving Averages: To determine the...
The Flash-Strategy (Momentum-RSI, EMA-crossover, ATR) with Minervini Stage Analysis Qualifier
Introduction
Welcome to a comprehensive guide on a cutting-edge trading strategy I've developed, designed for the modern trader seeking an edge in today's dynamic markets. This strategy, which I've honed through my years of experience in the trading arena, stands out...
Created by @imjesstwoone and @mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to Pine Script. All core settings of the trade model may be edited so that users can test...
The script above is a trading strategy with rules based on the Engulfing candlestick pattern within the context of the trend. Some key elements of this script include:
1. ATR (Average True Range) settings to measure market volatility.
2. Supertrend settings to identify the market trend.
3. Conditions for determining uptrend and downtrend.
4. Determination of...
Improved EMA & CDC Trailing Stop Strategy
Objective: This strategy seeks to exploit potential trend reversals or continuations using Exponential Moving Averages (EMAs) and a trailing stop based on the Chande Dynamic Convergence Divergence (CDC) ATR method.
Components:
Exponential Moving Averages (EMAs):
60-period EMA (Blue Line): Faster-moving average that...
The Bollinger Bands & Fibonacci Strategy is a powerful technical analysis trading strategy designed to identify potential entry and exit points in financial markets. This strategy combines two widely used indicators, Bollinger Bands and Fibonacci retracement levels, to assist traders in making informed trading decisions.
Key Features:
Bollinger Bands: This...
The profitability and uniqueness of a trading strategy depend on various factors including market conditions, risk management, and the strategy's ability to capitalize on price movements. I'll describe the strategy provided and highlight its potential benefits and differences compared to other strategies:
Strategy Overview:
The provided strategy combines three...
## Introduction and How it is Different
The Elliott Wave with Supertrend Exit provides automated detection and validation of Elliott Wave patterns for algorithmic trading. It is designed to objectively identify high-probability wave formations and signal entries based on confirmed impulsive and corrective patterns.
* The Elliott part is mostly referenced from...
█ OVERVIEW
TASC's September 2023 edition of Traders' Tips features an article written by Andrea Unger titled “The Weekly Factor", discussing the application of price patterns as filters for trade entries. This script implements a sample trading strategy presented in the article for demonstration purposes only. It explores how the strategy's equity curve might...
Introduction and How It Is Different
In the vast world of trading strategies, the TrendGuard Flag Finder stands out as a unique blend of traditional flag pattern detection and the renowned SuperTrend indicator.
- A significant portion of the Flag Pattern detection is inspired by the "Flag Finder" code by @Amphibiantrading, which serves as one of foundational...
First, we identify the trend, the trend will be determined by the daily candles, whenever the daily candle closes above the high of a previous candle the trend becomes positive and the trend remains positive till the time a candle closes below the lowest price of this candle, however, if the cost of any future candle closes above the high of this candle then the...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. If RSI(2) is less than 15, then enter at the close.
2. Exit on close if today’s close is higher than yesterday’s high.
If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. If today’s close is below yesterday’s five-day low, go long at the close.
2. Sell at the close when the two-day RSI closes above 50.
3. There is a time stop of five days if the sell criterium is not...
![NQ1!: Captain Backtest Model [TFO]](https://s3.tradingview.com/t/tOQ8gnxj_mid.png "Captain Backtest Model [TFO]")
![ETHUSD: Elliott Wave with Supertrend Exit - Strategy [presentTrading]](https://s3.tradingview.com/h/hlOgflm1_mid.png "Elliott Wave with Supertrend Exit - Strategy [presentTrading]")
![BTCUSD: TrendGuard Flag Finder - Strategy [presentTrading]](https://s3.tradingview.com/q/qDPWh3KO_mid.png "TrendGuard Flag Finder - Strategy [presentTrading]")
